Inflation data, Q1 earnings to set market trend in holiday-shortened week
Bourses are closed on Wednesday for Independence Day.
Meanwhile, industrial output recorded a five-month high growth of 7 percent in June as the production of consumer durables and capital goods picked up pace ahead of the festive season.
"Markets are likely to consolidate recent gains this week," said V K Sharma, Head Private Client Group and Capital Market Strategy, HDFC Securities.
Tata Steel, Sun Pharmaceutical Industries, and Oil India are among the major companies scheduled to announce their results this week.
The progress of monsoon, currency movement, and crude oil prices would also be tracked by market participants.
Over the last week, the BSE Sensex recorded a rise of 313.07 points, or 0.83 percent, to end at 37,869.23.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)